HR 1908 · 107th Congress · Taxation

To amend the Internal Revenue Code of 1986 to clarify the exemption from tax for small property and casualty insurance companies.

Introduced 2001-05-17· Sponsored by Rep. Nussle, Jim [R-IA-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-05-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends Internal Revenue Code provisions concerning tax-exempt insurance companies to increase from $350,000 to $551,000 (adjusted annually for inflation) the maximum amount of premiums that may be written annually by such a company in order to remain tax-exempt.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

2 Democrats18 Republicans
Rep. Pomeroy, Earl [D-ND-At Large]ND
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Duncan, John J., Jr. [R-TN-2]TN
Rep. Blunt, Roy [R-MO-7]MO
Rep. Graves, Sam [R-MO-6]MO
Rep. Latham, Tom [R-IA-5]IA
Rep. Rehberg, Dennis R. [R-MT-At Large]MT
Rep. Rogers, Harold [R-KY-5]KY
Rep. LaHood, Ray [R-IL-18]IL
Rep. Otter, C. L. (Butch) [R-ID-1]ID
Rep. Lucas, Ken [D-KY-4]KY
Rep. English, Phil [R-PA-21]PA
Rep. Kingston, Jack [R-GA-1]GA
Rep. Souder, Mark E. [R-IN-4]IN
Rep. Burton, Dan [R-IN-6]IN
Rep. Hostettler, John N. [R-IN-8]IN
Rep. Pryce, Deborah [R-OH-15]OH
Rep. Paul, Ron [R-TX-14]TX
Rep. Ney, Robert W. [R-OH-18]OH
Rep. Lewis, Ron [R-KY-2]KY